TJX Companies Inc
Wealthy consumers upped their spending last quarter, while the rest of America is cutting back
Key Points Lower-income earners are reining in their transactions to focus on essentials, while the wealthy continue to spend freely on perks including dining out and luxury travel, according to first-quarter results from U.S. credit card lenders. Synchrony, which provides store cards for retail brands including Lowe’s and T.J. Maxx, spending fell 4% in the […]
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These are the 4 biggest things we’re watching in the stock market in the week ahead
The stock market heads into Monday on a streak of volatility it just can’t seem to shake. What had been shaping up as a positive holiday-shortened week turned on a dime Wednesday when Federal Reserve Chairman Jerome Powell signaled concern that President Donald Trump ‘s tariffs could increase inflation and slow economic growth. Speaking at […]
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Top Wall Street analysts find these 3 stocks attractive in these challenging times
The chaos around tariffs continues to rattle global stock markets, as fears of higher costs and concerns over a potential economic slowdown weigh on investor sentiment. However, the pullback in several stocks due to these ongoing challenges has created an opportunity to pick attractive stocks trading at compelling levels. Top Wall Street analysts can help […]
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We’re booking profits in a rallying rotation play and using the cash to buy 2 others on the dip
We are making a handful of more trades Tuesday. Selling 75 shares of GE Healthcare at roughly $86 each; following the trade, Jim Cramer’s Charitable Trust will own 550 shares of GEHC, decreasing its weighting to about 1.43% from about 1.62% We are buying 50 shares of TJX at roughly $116; following the trade, the […]
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What Cramer wants to hear from Nvidia, Salesforce — plus, Lilly does what no other can
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. The broader market rebounded Wednesday, with the S & P 500 and Nasdaq trying to snap their four-day losing streaks. The Dow was on pace for its third straight […]
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Stocks making the biggest moves premarket: Super Micro Computer, General Motors, Lowe’s, Intuit and more
Check out the companies making headlines in premarket trading. Super Micro Computer — Shares soared 21% after the technology company met the Nasdaq’s listing deadline to report financial results for the most recent fiscal year to the Securities and Exchange Commission. The firm said it has “regained compliance” with the Nasdaq for its filling requirements. […]
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TJ Maxx parent company posts strong holiday, but issues weaker-than-expected guidance
North Miami Beach, Florida, T.J. Maxx & HomeGoods discount department store, furniture display and welcome sign. Jeff Greenberg | Getty Images TJX Companies posted a better-than-expected holiday quarter driven entirely by customer transactions, indicating the off-price giant is still taking market share from department stores and other discounters as price-conscious consumers hunt for deals. The […]
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Target strikes deal with sportswear brand Champion, as it tries to rev up apparel sales
Target will soon have another brand to dangle as the discounter tries to convince more shoppers to buy clothing and other discretionary merchandise — Champion. On Wednesday, the cheap chic retailer announced that it’s struck a multi-year deal with the sportswear brand long associated with hoodies and sweatpants. Authentic Brands Group bought Champion from HanesBrands […]
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Stock futures rise after S&P 500 posts fourth losing day, Nvidia earnings loom: Live updates
A trader works on the floor at the New York Stock Exchange on March 5, 2024. Brendan Mcdermid | Reuters Stock futures rose on Tuesday evening as investors contend with a fourth-straight day of losses for the S&P 500 and await earnings from artificial intelligence darling Nvidia. Futures tied to the Dow Jones Industrial Average […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Rocky run Investors hope U.S. stocks will rally after a dismal end to the last trading week. Equities tumbled Thursday and Friday, and the S&P 500 and Nasdaq Composite fell 1.7% and 2.5% for the week, respectively. The Dow […]
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